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Bitcoin "Golden Cross" Resurfaces, Institutional and Retail Demand Rise in Tandem, Market Outlook Positive
Bitcoin "Golden Cross" Resurfaces, Institutional and Retail Demand Rise in Tandem, Market Outlook PositiveBitcoin (BTC) has recently exhibited robust performance, forming a crucial technical pattern known as the "Golden Cross." This signal, which occurs when the 30-day moving average (30-DMA) crosses above the 365-day moving average (365-DMA), is generally perceived as a strong bullish indication for the market
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Bitcoin Dominance Rises, Altcoin Season Possibly Delayed: ETF Inflows Drive Bitcoin Rally
Bitcoin Dominance Rises, Altcoin Season Possibly Delayed: ETF Inflows Drive Bitcoin RallyBitcoins dominance in the cryptocurrency market is steadily rising, potentially dimming expectations of an altcoin season ahead of the US presidential election. According to the Bitcoin Dominance Index (BTC
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Cryptocurrency Market Analysis: BTC Breaks Out of Triangle Consolidation, Major Altcoins Move Defense Positions Up
Cryptocurrency Market Analysis: BTC Breaks Out of Triangle Consolidation, Major Altcoins Move Defense Positions UpBitcoin (BTC)In the article published on the 15th, we noted that Bitcoin was inside a triangle convergence zone. To continue its upward trend, it had to break through the upper resistance level of the triangle at $67,200
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ETHPOW (ETHW) in the Era of PoS: Opportunities and Challenges
ETHPOW (ETHW) in the Era of PoS: Opportunities and ChallengesEthereumPOW (ETHW), a continuation of Ethereum's (ETH) Proof-of-Work (PoW) consensus mechanism, retains the decentralized and secure advantages of PoW, while inheriting ETH's technological innovations and ecosystem. However, with the rise of PoS networks, ETHW faces challenges in areas like performance, efficiency, vision, organization, and funding
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Ethereum Co-founder Vitalik Buterin Proposes Major Network Adjustments: Lowering Staking Threshold, Accelerating Transaction Speeds
Ethereum Co-founder Vitalik Buterin Proposes Major Network Adjustments: Lowering Staking Threshold, Accelerating Transaction SpeedsIn a recent blog post, Ethereum co-founder Vitalik Buterin explored several potential improvements to Ethereum's Proof-of-Stake model, aiming to reduce network usage costs and enhance overall speed. He argued that the current 32 ETH staking threshold hinders wider participation and proposed lowering it to 1 ETH
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CPI Data Positive, Bitcoin Briefly Dips, Is the Bull Run Still On?
CPI Data Positive, Bitcoin Briefly Dips, Is the Bull Run Still On?The recent release of CPI data, showing a year-on-year rate of 2.4%, while lower than the previous value of 2
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Ethereum Throughput Enhancement Proposal: Reducing Slot Time to 8 Seconds to Accelerate Network Development
Ethereum Throughput Enhancement Proposal: Reducing Slot Time to 8 Seconds to Accelerate Network DevelopmentA new Ethereum Improvement Proposal (EIP-7781) aims to boost network throughput by 50%, making it more competitive with speed-focused blockchains like Solana. Proposed by Ben Adams, co-founder of IllyriadGames, the EIP has gained support from key stakeholders like Ethereum co-founder Vitalik Buterin
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Post-National Day Outlook for the Crypto Market: Potential Coins After Correction, and Secondary Market Analysis
Post-National Day Outlook for the Crypto Market: Potential Coins After Correction, and Secondary Market AnalysisThe National Day holiday has ended, and the crypto market has also seen a correction. Since September 1st, the overall market has been falling, with BTC dropping close to $62,000 and ETH around $2,400
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Bitcoin 66-Bit Puzzle Solved: Exposing Security Flaws and Highlighting Cryptocurrency Security
Bitcoin 66-Bit Puzzle Solved: Exposing Security Flaws and Highlighting Cryptocurrency SecurityThe recent cracking of the Bitcoin 66-bit puzzle, launched in 2015, has exposed security vulnerabilities in the cryptocurrency space, reminding individuals to strengthen their security measures. Intended as part of a series of cryptographic challenges to showcase the robustness of Bitcoin cryptography, the puzzle inadvertently revealed potential risks, sending a wake-up call to the entire industry
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BTC Price Surges Post-Fed Rate Cut, But FOMO Signals Potential Pullback?
BTC Price Surges Post-Fed Rate Cut, But FOMO Signals Potential Pullback?Following the Federal Reserve's announcement of a rate cut, Bitcoin's price rallied significantly, hitting a three-week high. However, the momentum has since calmed down, with the price starting to pull back
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Bitcoin Dropped Despite Positive Non-Farm Payroll Data? The Plunging Dragon Strategy Reveals the Short-Term Trend
Bitcoin Dropped Despite Positive Non-Farm Payroll Data? The Plunging Dragon Strategy Reveals the Short-Term TrendLast night's Non-Farm Payroll data came in below expectations, indicating a less-than-stellar US economy. This increases the likelihood of a rate cut, which is generally positive for the financial markets
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Ethereum Foundation Needs to Reposition, DCinvestor Calls for Focus on Programmable Money and Censorship Resistance
Ethereum Foundation Needs to Reposition, DCinvestor Calls for Focus on Programmable Money and Censorship ResistanceDCinvestor, a management consultant and Ethereum investor, recently took to Twitter to call for a repositioning of the Ethereum Foundation (EF). He argues that the EF should publicly emphasize ETH as a programmable money, with censorship resistance as the core value proposition of the technology